PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

Fintech 118

Fintech US Tennessee Washington 118

Jeff For Banks

NOVEMBER 24, 2019

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. Clearly, blue-suit regulators stood out. The bank, First National Bank of Keystone, was $1.1 You can't make this stuff up.

National 78

National West Virginia Virginia Pennsylvania 78

PYMNTS

OCTOBER 25, 2019

Marketplace facilitator laws have been particularly murky, as many are written in broad terms that have complicated compliance for eCommerce platforms, according to Rachelle Bernstein, vice president of government relations and tax counsel for the National Retail Federation (NRF), a Washington, D.C.-based The Path to Change .

Taxes 100

Taxes South Dakota Policies Compliance 100

CFPB Monitor

JULY 21, 2022

On July 13, 2022, the House of Representatives (the “House”) adopted an amendment to the 2023 National Defense Authorization Act (“NDAA”) offered by Maxine Waters (D. in a manner that the Secretary determines appropriate to assess compliance” with the amendment.

United States 78

United States Taxes Regulation Compliance 78

Jeff For Banks

JUNE 20, 2017

The banking system is stable, which is critical to national and state economies. And let's not forget about the thousands of employees that work for regulatory bodies, compliance personnel in banks, and consultants that help them comply. They have to find out later, after a bureaucrat in Washington does a white paper.

Data 60

Data FDIC Regulation Washington 60

Abrigo

SEPTEMBER 22, 2015

Many community banks see this as a welcomed move towards offering smaller institutions some relief from the regulatory pressures of their larger, national counterparts. Laura Stewart, CEO of Sound Community Bank in Washington said of preparing the call report: "It almost feels like a full-time job."

Community Bank 150

Community Bank Community FDIC Survey 150

CFPB Monitor

MAY 20, 2015

Chambers USA has once again ranked the Ballard Spahr LLP Consumer Financial Services (CFS) Group in the highest tier nationally in the category of Financial Services Regulation: Consumer Finance (Compliance and Litigation). Washington, D.C. ”

Groups 60

Groups Atlanta United States Washington 60

PYMNTS

FEBRUARY 4, 2020

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. states, with only Arizona, Hawaii, Idaho, Montana, Nevada and Washington labeling DFS as illegal. In a microcosm of the national expansion, New Hampshire’s newly online sports gambling program raked in $2.31

Online 134

Online New Hampshire Rhode Island District of Columbia 134

CFPB Monitor

SEPTEMBER 19, 2022

Issuing regulations or other changes under Section 1960 to provide that peer-to-peer platforms that purportedly do not take custody or assume control over the digital asset being exchanged are MSBs covered by Section 1960(b)(1)(B), which requires MSBs to register with FinCEN.

Report 78

Report cryptocurrency Training Guidelines 78

FICO

OCTOBER 11, 2018

October 2018 marks the 15 th annual National Cybersecurity Awareness Month , and today, FICO is making big news: we have teamed with the U.S. Today marks the release of the first quarterly Assessment of Business Cybersecurity, at the Chamber’s Seventh Annual Cybersecurity Summit in Washington, DC. businesses.

DC 68

DC National Security Survey 68

American Banker

DECEMBER 12, 2016

WASHINGTON – The Federal Reserve is accepting applications for a compliance extension for banks to divest or otherwise align certain proprietary illiquid assets with the Volcker Rule.

Washington 28

Washington Compliance Regional National 28

PYMNTS

DECEMBER 14, 2020

The Commission Nationale de l’Informatique et des Libertés (CNIL), the French data protection watchdog, has hit Amazon and Google with significant financial penalties for allegedly contravening regulations on the digital advertising trackers known as “cookies,” CNBC reported. Amazon was told to pay 35 million euros (approximately $42.5

Google 132

Google social media Compliance Regulation 132

PYMNTS

SEPTEMBER 21, 2020

Regulations . EU Regulators Plan New Rules For Big Tech . European Union watchdogs intend to gear new regulations aimed at fighting election-related disinformation toward Big Tech firms such as Apple and Facebook as opposed to smaller tech players. India Telecom Watchdog Decides To Not Regulate OTTs .

Google 147

Google Taxes Compliance Regulation 147

PYMNTS

JUNE 24, 2016

This week it was Minnesota, and then yesterday Walmart really got warmed up and announced the expansion of their new payments service in: Michigan, Virginia, the Carolinas, Indiana, Iowa, Kentucky, Nebraska, North Dakota, South Dakota, Tennessee, Louisiana, Missouri, Mississippi and Washington, D.C. A pretty clear-cut sizzle. Costco Card.

Lending 101

Lending Online South Dakota North Dakota 101

Independent Banker

JULY 8, 2015

The act expressly prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin Disparate-impact proponents, which include the U.S. The bottom line is that community banks remain fully committed to fair lending and have strong compliance systems in place.

Washington 70

Washington Policies Community Community Bank 70

PYMNTS

OCTOBER 7, 2019

Today in the payments news roundup, PayPal officially pulled its support of Facebook ’s Libra initiative after it no-showed at the Libra Association meeting in Washington, D.C Trending: How EU Regulators Are Complicating SCA Compliance. Also, OYO , an India-based hotel and booking startup, announced a $1.5

Google 110

Google Payments Washington Regulation 110

Gonzobanker

DECEMBER 19, 2017

Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.

Conference 101

Conference Industry Community Bank Community 101

Independent Banker

SEPTEMBER 30, 2021

Another reason pen tests are increasingly common is that regulations and PCI compliance require banks to furnish annual pen test results. a Washington, D.C.-based based security and compliance automation platform. National banks. Increasingly, SIEMs are a must-have for community banks, he says. Elizabeth Judd.

Community 139

Community Community Bank social media Security 139

Independent Banker

SEPTEMBER 21, 2015

ICBA and community banks support equal access to credit and fair lending and condemn discrimination based on race, ethnicity, national origin, gender, religion or other listed classification. Regulators should use consistent and transparent standards when evaluating a community bank’s fair lending practices. lending compliance.

Lending 70

Lending Community Bank Policies Community 70

The Financial Brand

OCTOBER 24, 2021

Financial institutions must scrutinize marketing, branching and lending strategies as Attorney General targets redlining in mortgage credit. The post Justice Department Sets Major Fair-Lending Enforcement Push appeared first on The Financial Brand - Banking Trends, Analysis & Insights.

Lending 32

Lending Banking Trends Analysis Trends 32

CB Insights

DECEMBER 7, 2017

In 2011, three banks accounted for half of new mortgage loans, according to the Washington Post. Quicken Loans founder Dan Gilbert’s innovation in mortgages was to assign regional-specific loan application reviewers, who familiarized themselves with the regulations of certain geographies.

Millennials 69

Millennials Lending United States Technology 69

CB Insights

JANUARY 4, 2018

Compliance Officers. Startups are using AI to automate various steps of the recruitment and on-boarding process, from resume parsing, sentiment analysis in interviews, and using chatbots for monitoring compliance. The Washington Post reports that this could be the only SV startup registered as a law firm. COMPLIANCE OFFICERS.

Software 75

Software Compliance Training Google 75

PYMNTS

AUGUST 23, 2019

Some early supporters of Facebook’s proposed cryptocurrency Libra , spooked by the intense regulatory scrutiny both national and worldwide, want to distance themselves from the project, according to a report by The Financial Times. Just this week, the EU antitrust regulator said that Libra was going to be subject to a probe.

cryptocurrency 157

cryptocurrency Regulation Washington Compliance 157

Gonzobanker

DECEMBER 22, 2015

To those community bankers claiming their growing Compliance departments say no to everything. How about fighting harder with better examples and holding compliance officers as accountable as everybody else. Regulator Award. Seriously, given what we see in origination process reviews, we almost understand this.

Community Bank 60

Community Bank Apple Community Technology 60

CB Insights

JULY 23, 2020

Companies will have to look to guidelines from local and national authorities for each office location. Wellness checks are not fail-proof, especially considering the FDA’s loosening of regulations around thermal camera systems. It can also be used to track worker compliance. Company name. Phone number.

Meeting 101

Meeting Tools Survey Company 101

FICO

AUGUST 27, 2018

It’s August and it’s hot in Washington DC. Yet in the nation’s capital, fintech policy may actually be hotter than the temperatures outside. This document is the fourth in a series of reports in response to Executive Order 13772 that details the President’s core principles for financial regulation.

Policies 49

Policies US Fintech DC 49

PYMNTS

OCTOBER 7, 2019

PayPal officially pulled its support of Facebook’s Libra initiative after it no-showed at the Libra Association meeting last week in Washington, D.C. Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit. We’ll know today how many others may follow. So now what?

Regulation 199

Regulation cryptocurrency Innovation Meeting 199

CFPB Monitor

NOVEMBER 22, 2021

These represent the first remarks by these regulators following the DOJ’s announcement of its major new “ Combatting Redlining Initiative ” on October 22, 2021, and it was the topic of each of their presentations. along racial, ethnic and national origin lines. Department of Justice (“DOJ”), the CFPB, and the U.S.

Conference 78

Conference Lending Industry Regulation 78

American Banker

JANUARY 13, 2021

A Democratic majority in Washington may help advance a number of key legislative issues for the industry, such as passage of a national data security standard. However, it could also lead to a renewed focus on consumer protection laws.

Washington 35

Washington National Security Industry 35

PYMNTS

FEBRUARY 14, 2019

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators when dealing with legal cannabis operations. Ed Perlmutter and Washington Rep. Two of the speakers at the hearing — Colorado Rep. It’s a regulatory quagmire,” Deckard said.

Oregon 230

Oregon Colorado Operations Washington 230

PYMNTS

FEBRUARY 13, 2019

That’s because it marked the first hearing dedicated to a proposed bill in Congress that would offer financial institutions protections against federal regulators if dealing with legal cannabis operations. Two of the speakers at the hearing — Colorado Ed Perlmutter and Washington state Rep. It’s a regulatory quagmire,” Deckard said.

Oregon 115

Oregon Colorado Operations Washington 115

Abrigo

JANUARY 21, 2020

Despite Federal ambiguity, State Regulators are beginning to clearly define their stances on cannabis banking. Compliance and anti-money laundering (AML) is going green… or is it? State Banking Regulators. I believe we will see more state banking regulators join them in 2020. National Credit Union Association.

United States 243

United States New York Regulation DC 243

ZootBlog

NOVEMBER 4, 2016

This can be very tricky because not only do these appointees have to have to be somewhat of an expert in the areas of banking, they must also be able to navigate the political arena in Washington, DC. Department of the Treasury and a decade as a bank regulator. Bush in banking and financial regulations. Named after sponsors U.S.

New Hampshire 60

New Hampshire US DC Iowa 60

Independent Banker

FEBRUARY 16, 2015

As veteran lawmakers, Shelby and Brown are described by Washington observers and their home-state community bankers as canny but pragmatic legislators who will, where possible, work to develop legislation that can draw strong, bipartisan majority votes in the Senate. Republicans do not want the regulators to pick winners and losers.

Community Bank 70

Community Bank Alabama Ohio Community 70

FICO

DECEMBER 19, 2018

Since the November elections, much of the talk here in Washington, D.C. This month, the FCC approved the creation of a National Reassigned Number Database to address the nearly 100,000 wireless numbers that are reassigned each day. has been on preparing for a divided Congress.

Policies 40

Policies District of Columbia Regulation California 40